Gentrification a Matter of Economics, Not Ethnicity

(DC Centric) — Is gentrification black and white? Or economic? Last week, at a meeting about the often ominous issue of gentrification, a panel of young black professionals rejected the common idea that gentrification means white people moving into black neighborhoods. Instead, they argued, gentrification is about economics and a product of market forces. The panel, “The Gentrification of Chocolate City: Reality vs. Perception”, featured former director of DC’s Department of Housing and Community Development Jalal “Jay” Greene, and GGW contributor and owner of Nspiregreen LLC, Veronica Davis.